PANDEMIC-RELATED DECLINE IN TAKE-UP
The effects of the Corona pandemic and the related uncertainties have also clearly impacted the Dortmund office market. With a take-up of 71,000 m², the previous year's result was missed by almost 24%. It is also around 19% below the long-term average. However, in a nationwide comparison, the drop was comparatively moderate and around 10 percentage points lower than the average for Germany as a whole. The main reason for the lower take-up is the Corona crisis and the uncertainties it caused on the user side. As the second lockdown and the unchanged high infection figures made it difficult for companies to assess future developments, some planned leases or expansions were postponed into the new year or put on hold.
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